(Shremetal) Shremetal complete technical analysis [charts+indicators] | Buy/Sell Shremetal | (Shremetal) share price targets
Complete technical analysis of Shremetal (Shremetal) by charts plus indicators, forecast predictions and share price targets for Shremetal (Shremetal)
Showing technical analysis as on 2022-05-09 View latest technical analysis
10 day averaged volume of Shremetal is 477
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon May 2022 | 23.80 | 23.80 | 23.80 | 23.80 | 0.419 times |
| 06 Fri May 2022 | 22.70 | 22.75 | 22.75 | 22.70 | 0.231 times |
| 05 Thu May 2022 | 21.70 | 21.75 | 21.75 | 21.70 | 2.101 times |
| 04 Wed May 2022 | 22.80 | 22.80 | 22.80 | 22.80 | 0.159 times |
| 29 Fri Apr 2022 | 24.00 | 25.00 | 25.00 | 24.00 | 1.677 times |
| 27 Wed Apr 2022 | 23.85 | 23.50 | 23.85 | 22.75 | 0.874 times |
| 26 Tue Apr 2022 | 23.85 | 23.85 | 23.85 | 23.35 | 0.321 times |
| 25 Mon Apr 2022 | 23.35 | 23.35 | 23.35 | 23.35 | 0.21 times |
| 22 Fri Apr 2022 | 24.55 | 24.55 | 24.55 | 24.55 | 4.195 times |
| 21 Thu Apr 2022 | 24.05 | 24.05 | 24.05 | 24.05 | 0.21 times |
My analysis of stock is bearish for shortterm, and stock might move down till 22.9 or till 21.7. Use a stoploss of 23.92 and if the stock hits stoploss, then it can shoot up till 24.92
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 20.75 |
| Downside Target | 21.70 |
| Downside Target | 22.35 |
| Downside Target | 23.80 |
| Upside Target | 24.55 |
| Upside Target | 25.00 |
| Upside Target | 25.15 |
| Upside Target | 26.40 |
| Upside Target | 28.00 |
| Upside Target | 29.50 |
| Upside Target | 30.90 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 23.8 |
| Downside Intraday Target | 23.8 |
| Downside Intraday Target | 23.8 |
| Downside Intraday Target | 23.8 |
| Downside Intraday Target | 23.8 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon May 2022 | 23.80 | 23.80 | 23.80 | 23.80 | 0.168 times |
| 06 Fri May 2022 | 22.70 | 22.80 | 22.80 | 21.70 | 0.808 times |
| 29 Fri Apr 2022 | 24.00 | 23.35 | 25.00 | 22.75 | 0.681 times |
| 22 Fri Apr 2022 | 24.55 | 23.85 | 24.55 | 22.95 | 0.982 times |
| 13 Wed Apr 2022 | 25.10 | 22.35 | 25.15 | 22.35 | 0.368 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Shremetal (Shremetal)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Mon May 2022 | 23.80 | 22.80 | 23.80 | 21.70 | 0.107 times |
| 29 Fri Apr 2022 | 24.00 | 23.75 | 26.40 | 22.35 | 2.283 times |
| 31 Thu Mar 2022 | 24.00 | 20.75 | 28.00 | 20.75 | 0.551 times |
| 28 Mon Feb 2022 | 21.70 | 27.15 | 29.50 | 21.70 | 0.477 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Shremetal (Shremetal)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 37, 36, 2 | Buy |
| MACD | -1, -1 | Sell |
| Stochastics | 31 | None |
| CCI | 37 | Buy |
| RSI | 45 | Sell |
| OBV | 2808 | Sell |
| VWAP | 24 | Buy |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Shremetal ( (Shremetal) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Shremetal ( (Shremetal) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Shremetal stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Shremetal in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shremetal Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shremetal in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Shremetal is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 23.67 and Shremetal (Shremetal) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Shremetal (Shremetal) stock. Volume based technical analysis of Shremetal (Shremetal) stock is negative.
Shremetal Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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